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Joint Specie Committee – 8 January 2025

The committee progressed CIT wording with legal input and addressed delays linked to market feedback. Discussions on the JELC cyber clause continued, with a JXL meeting pending. The survey fee working group explored payment issues, while the 4 Rs working party proposed options for defective title amendments. Updates were provided on G7 Diamond Sanctions, collating compliance approaches from global regulators. The committee considered a Property (Digital Asset) Bill and planned future educational events with U35s. The macro economy section referenced global events, and claims updates included California wildfires and a London jewellery heist. New committee objectives were confirmed for 2025.